I don’t know who is advising Ed Miliband but “public spending back to 1930s levels” wasn’t a good line.
It’s true that the Conservative’s proposed cuts take public spending to its lowest percentage of GDP since the ONS records began but it has been at similar levels in the recent past, notably under Tony Blair in 2000.
Inevitably, therefore, people would say “Well it was like that under your lot and the world didn’t fall apart.” That’s pretty much what Robert Peston skewered him with in an interview yesterday and what John Rentoul was tweeting all afternoon.
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Utopia, you are standing in it! 
Jan 05, 2015 @ 23:03:16
Simon Wren-Lewis actually skewered Peston.
Osborne’s plans are unlikely to occur which is good for the UK GDP as monetary policy could not offset such silly fiscal policy
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